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Electricity prices soar 95.5% in March, adding pressure on consumers amid supply strain

Energy & Mining Context.ph Context.ph -
The average price of electricity sold at the Wholesale Electricity Spot Market (WESM) skyrocketed by 95.5 percent in March, signaling a strain on the Philippine energy market due to rising demand and tightening power supply.

Air Canada launches Vancouver-Manila route, expanding Southeast Asia network

Transport & Logistics Context.ph Context.ph -
Air Canada has launched its new non-stop service between Vancouver and Manila beginning today, 3 April, further strengthening its presence in Southeast Asia.

PAL expands Cebu hub amid surge in summer travel

Transport & Logistics Context.ph Context.ph -
The Philippine Airlines (PAL) is significantly expanding its Cebu hub in response to the summer travel surge, increasing both flight frequency and seat capacity.

BDO partners with PEZA to boost foreign investment in PH

Corporate Bulletins Context.ph Context.ph -
BDO Unibank Inc. (BDO) has signed a memorandum of understanding (MoU) with the Philippine Economic Zone Authority (PEZA) to accelerate foreign investments and stimulate economic growth in the country.

Trade tensions, investor caution push gold prices to record high 

Markets Context.ph Context.ph -
Gold prices surged to a new record high of USD3,164 per ounce, driven by heightened risk aversion following President Donald Trump’s tariff announcement.
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AdventEnergy expands in Mindanao with new power deal for cold storage

Energy & Mining 0
AdventEnergy, the retail arm of Aboitiz Power Corporation, has secured an 896-kilowatt power supply contract with Viking Cold Storage Inc., strengthening its presence in Mindanao’s fast-growing cold chain industry.

Alliance Global posts higher profit amid uncertainty

Corporate 0
Alliance Global Group Inc. (AGI) reported a 6 percent increase in first-quarter net income, supported by stronger residential sales, rising leasing revenues, improving hotel operations, and an early recovery in liquor demand despite uncertain economic conditions.

IABC Philippines names new leadership team for 2026–2028

Corporate Bulletins 0
IABC Philippines has officially announced its new Board of Trustees for the 2026–2028 term, approved by its members to lead and advance the business communication profession in the country.

Megawide posts strong Q1 earnings amid crisis

Corporate 0
Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.
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